NOTICE OF DEFAULT AND INTENTION TO SELL
YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT TAKE IMMEDIATE ACTION.
On December 20, 2005, Danny E Jones and Elizabeth A Jones executed a security instrument conveying certain property therein described to Bank of Oklahoma, N.A.; which was recorded January 13, 2006, in Book No. 2006, at Page 0142in the real estate records of Madison County, Arkansas.
A default has occurred due to the failure to make timely payments as required under the terms of the Note and indebtedness. Because of the failure to fully cure the default, the indebtedness was accelerated and is now wholly due. The mortgagee or beneficiary has requested the property be sold to satisfy said indebtedness, together with all fees and costs associated with these proceedings continuing to accrue, pursuant to the terms and conditions of the promissory note and security instrument. The mortgagee or beneficiary has complied with the conditions to exercise the power of sale as set for in ACA §18-50-103. The party initiating this action is HSBC Bank USA, National Association as Trustee for Nomura Home Equity Loan Trust, Series 2006-WF1 Asset Backed Pass-Through Certificates, 75 Beattie Place Suite 300 , Greenville, SC 29601 , (800) 365-7107
On July 16, 2026, at or about 11:00 AM at the Madison County Courthouse, Huntsville, Arkansas, the real property described below will be sold to the highest bidder for the terms described:
TRACT 1: A part of the Northeast Quarter of the Southeast Quarter (NE1/4 SE1/4) and also a part of the Southeast Quarter of the Southeast Quarter (SE1/4 SE1/4) of Section Fourteen (14), Township Seventeen (17) North, Range Twenty-six (26) West of the Fifth Principal Meridian in Madison County, Arkansas, being more particularly described as follows: Commencing at a found iron pin for the Southwest corner of said Section 14; thence along the South line of said Section 14, South 87 degrees 58 minutes 34 seconds East, a distance of 3978.67 feet; thence North 00 degrees 10 minutes 35 seconds East, a distance of 1071.64 feet to a point from which a set 1/2 inch rebar pin with cap bears South 89 degrees 49 minutes 25 seconds East, a distance of 495.00 feet for the Point of Beginning; thence North 00 degrees 10 minutes 35 seconds East, a distance of 460.95 feet to a point from which a set 1/2 inch rebar pin with cap bears South 88 degrees 11 minutes 27 seconds East, a distance of 86.33 feet; thence South 88 degrees 11 minutes 27 seconds East, a distance of 495.20 feet to a set 1/2 inch rebar pin with cap; thence South 00 degrees 10 minutes 35 seconds West, a distance of 446.84 feet to a set 1/2 inch rebar pin with cap; thence North 89 degrees 49 minutes 25 seconds West, a distance of 495.00 feet to the Point of Beginning.
More commonly known as: 1879 Madison 1265, Huntsville, AR 72740
The Purchaser of said property shall pay the price bid with certified funds paid at the conclusion of the sale and shall assume all transfer taxes and recording fees. If the sale is rescinded for any reason, the purchaser shall be entitled to any funds paid and shall have no further recourse.
The property is sold “as is” and is subject to all matters shown on any applicable recorded plat; any unpaid taxes; any restrictive covenants, easements, or setback lines that may be applicable; any statutory rights of redemption of any governmental agency, state or federal; any prior liens or encumbrances as well as any priority created by a fixture filing; and to any matter that an accurate survey of the premises might disclose.
The right is reserved to adjourn the day of the sale to another day, time and place certain without further publication, upon announcement at the time and place for the sale set forth above. In the event of inclement weather, the right is reserved to postpone the sale to a date to be specified via mailed notices.
Foundation Legal Group, LLP fka
WILSON & ASSOCIATES, P.L.L.C.
400 West Capitol Ave.
Suite 1400
Little Rock, AR 72201
(866) 501-9462
Email: questions@thefoundationlegalgroup.com
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